WEEX launches gold and silver contracts with a 0 fee rate, providing a safe haven during the crypto winter.

CN
9 hours ago

On February 5, the cryptocurrency market experienced a severe downturn, with BTC approaching the $60,000 mark, hitting a new low since October 2024, and recording the largest single-day drop since the FTX incident in November 2022. In just four months, BTC has fallen over 50%, with many altcoins suffering even greater losses. In stark contrast, the precious metals market has been thriving: gold has accumulated an increase of about 65% in 2025, while silver has surged by 150%. As we enter 2026, after a brief pullback, gold and silver prices are rebounding strongly, creating significant trading opportunities amid the volatility.

However, in a market where "the more expensive, the more sought after," holding physical gold and silver, while safe, faces issues of high premiums and poor liquidity. Especially with the recent increase in volatility of gold and silver, spot trading has lost its risk-reward advantage. In this context, for active traders, the gold tokens PAX Gold (PAXG), Tether Gold (XAUt), and silver token Silver (XAG) standard contracts on the WEEX exchange have become the best tools to navigate this super cycle. These tokenized projects track the real-world prices of gold and silver, support 24/7 trading, and offer up to 200 times leverage, allowing users to flexibly choose leverage and engage in both long and short trading, helping investors accurately capture market fluctuations and amplify investment returns.

Since the launch of PAXG, XAUT, and XAG contract trading, WEEX has attracted a massive number of users to actively participate, achieving record trading volumes thanks to its secure and reliable trading environment and flexible operational experience.

To further reduce trading costs for users and help investors seize opportunities in the precious metals market, WEEX will launch a month-long "Zero Fee for Gold and Silver Contracts" event from February 9, 20:00 to March 9, 20:00 (UTC+8). No registration is required; users will automatically participate in the fee waiver for trading activities involving these pairs, easily enjoying the benefits and enhancing profit margins.

WEEX Launches Zero Fee for Gold and Silver Contracts, Providing a Safe Haven During the Crypto Winter_aicoin_image1

During the event, all users trading PAXG, XAUT, and XAG contract pairs, whether as Makers (placing orders) or Takers (taking orders), will enjoy a zero-fee benefit.

Even more attractively, meeting trading volume targets can extend the zero-fee benefits: cumulative trading volumes of 500,000 USDT, 2 million USDT, 8 million USDT, and 15 million USDT during the event will extend the zero-fee benefits by 7 days, 15 days, 30 days, and 60 days, respectively. Fees generated during the extension period will be refunded in the form of USDT experience gold. This experience gold can be used to offset margin and trading losses, and profits from trading can be withdrawn.

PAX Gold (PAXG) is issued by Paxos Trust Company and regulated by the New York State Department of Financial Services (NYDFS), making it the most transparent gold token in terms of regulation. Each PAXG token represents one troy ounce of gold from London Good Delivery bars. Tether Gold (XAUt) is launched by Tether, the issuer of the USDT stablecoin, and is also pegged 1:1 to one troy ounce of gold, with its reserves stored in vaults in Switzerland. Silver (XAG) is a digital derivative that tracks the spot price of silver (XAG), anchoring in real-time to the prices from major global markets, with 1 XAG representing 1 troy ounce of silver. In addition to contract trading, WEEX also supports spot trading of PAXG and XAUT, providing users with more diverse trading options.

In the current context of intensified volatility in the cryptocurrency market and a booming precious metals market, the WEEX "Zero Fee for Gold and Silver Contracts" event offers investors a channel to seize trading opportunities at zero cost, significantly enhancing profit potential. Additionally, WEEX supports trading of XPT (platinum), XPD (palladium), and popular stock token contracts such as Apple (AAPL), Coinbase (COIN), Nvidia (NVDA), and MicroStrategy (MSTR), aiming to create a one-stop trading platform for users that encompasses cryptocurrencies, tokenized stocks, bonds, and precious metals as RWA assets. Whether you are an active trader seeking high elastic returns or a conservative investor preferring steady appreciation, you can find suitable investment tools on WEEX to lock in certain returns in a volatile market.

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